Common use of Completion of Electronic Workspace Clause in Contracts

Completion of Electronic Workspace. (1) The parties must: (a) ensure that the Electronic Workspace is completed and all Electronic Conveyancing Documents and the Financial Settlement Schedule are Digitally Signed prior to settlement; and must give the Buyer a copy of the current account for the Outgoing to enable the Buyer to verify the destination account details in the Financial Settlement Schedule.

Appears in 7 contracts

Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land

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Completion of Electronic Workspace. (1) The parties must: (a) ensure that the Electronic Workspace is completed and all Electronic Conveyancing Documents and the Financial Settlement Schedule are Digitally Signed prior to settlement; and must give and (b) do everything else required in the Buyer a copy of the current account for the Outgoing Electronic Workspace or otherwise to enable settlement to occur on the Buyer Settlement Date. (2) If the parties cannot agree on a time for settlement, the time to verify the destination account details be nominated in the Financial Settlement ScheduleWorkspace is 4pm AEST.

Appears in 2 contracts

Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme

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